with comparable real output and employment statistics. It establishes that output per worker-hour was countercyclical in …

We investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information … rent accumulation and sharing, (c) a post investment period and, (d) retirement. We establish that increases in both wage … rates and hours of work in the post-investment period serve to minimise sub-optimal separations and, moreover that both wage …

We investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information … rent accumulation and sharing, (c) a post investment period and, (d) retirement. We establish that increases in both wage … rates and hours of work in the post-investment period serve to minimise sub-optimal separations and, moreover that both wage …